. >> the president is warning his supporters, it's going to be razor tight, razor close this race. more and more people are saying to me -- and i'm listening to the pundits say this over and over again -- that this is going to boil down to one thing and one thing only, that unemployment number as we get closer to november. do you disagree? >> i do. i felt this way for a year now, that it's a referendum on the economy. and as i've been going around the country, the people are very wary about what they're hearing, recovery or not, there's kind of a bait and switch going on. we seem to be in recovery in april or may and then suddenly it turns sour when you get to june. the president's had two bad setbacks in the last week. first of all, the number that came out last friday, and then wisconsin. even though he didn't go out there and get involved, it showed the muscle of the republican party. and as my friend chuck todd says, they've come to play this time in a way they didn't four years ago. >> save wisconsin. i'll get to that in just a second, though. when you talk about the economy,